2007 Session

Budget Amendments - SB750 (Member Request)

Chief Patron: Stolle
Co-Patron(s): Lambert, Lucas, Miller
NSU: Parking Facility Lease Authority (language only)

Item C-94.40 #4s

Item C-94.40 #4s

Education: Higher Education
Norfolk State University

Page 552, following line 20, insert:
"Norfolk State is authorized to enter into a long-term lease or other written agreements, with Norfolk State University Foundation (NSUF) or the Enterprise and Empowerment Foundation (E2F) for the development, design, construction and financing of a multilevel parking garage to be located on the University’s campus in the City of Norfolk.  The development of this additional parking is in accordance with the University’s approved Master Plan. NSUF or E2F will develop this parking structure as part of the necessary infrastructure of the University in support of planned public safety as well as existing and planned student housing.

"C-94.40 Parking Facility Lease Authority

(This amendment provides authority for Norfolk State University to enter into a lease for a parking garage.)